Mendon Capital Advisors
KEY LARGO, FLfiles as MENDON CAPITAL ADVISORS CORP
$283m in 46 US stocks at the end of 30 June 2026. The top 10 are 47.8% of the money. It changed about 16.6% of the portfolio this quarter.
Value
$283m
Stocks
46
Top 10 share
47.8%
Turnover
16.6%
What changed this quarter
New
Bought for the first time this quarter.
- First Carolina Financial ServicesFCBM3.3% of the fund
- Eagle BancorpEGBN1.0% of the fund
- InscorpIBTN0.8% of the fund
- Colony BankcorpCBAN0.3% of the fund
Added
Bought more of a stock they already held.
- Firstsun Capital BancorpFSUN4.8% of the fund+155%
- Uscb Financial HoldingsUSCB4.3% of the fund+4%
- Business First BancsharesBFST3.2% of the fund+18%
- Amerant BancorpAMTB3.0% of the fund+20%
- Banc of CaliforniaBANC2.8% of the fund+39%
- Beacon FinancialBBT2.5% of the fund+14%
- Oceanfirst FinancialOCFC1.7% of the fund+1167%
- Eastern BanksharesEBC1.0% of the fund+326%
- Bridgewater BancsharesBWB0.9% of the fund+6%
- Investar HoldingISTR0.6% of the fund+52%
- Southern First BancsharesSFST0.3% of the fund+139%
Cut
Sold some of their stake.
- Abacus Global ManagementABX6.8% of the fund-8%
- VersaBankVBNK6.4% of the fund-17%
- Equity BancsharesEQBK5.6% of the fund-15%
- Primis FinancialFRST5.4% of the fund-24%
- RenasantRNST3.9% of the fund-15%
- First HorizonFHN3.7% of the fund-4%
- Civista BancsharesCIVB2.7% of the fund-14%
- CoastalSouth BancsharesCOSO2.5% of the fund-19%
- First Western FinancialMYFW2.4% of the fund-15%
- Commercial BancgroupCBK2.4% of the fund-32%
- Nicolet BanksharesNIC2.3% of the fund-47%
- Avidbank HoldingsAVBH2.2% of the fund-13%
- California BanCorpBCAL2.0% of the fund-32%
- Northpointe BancsharesNPB1.4% of the fund-35%
- Shore BancsharesSHBI1.2% of the fund-7%
- First MerchantsFRME1.2% of the fund-23%
- Ameris BancorpABCB0.5% of the fund-39%
- Community West BancsharesCWBC0.2% of the fund-4%
- Independent BankINDB0.2% of the fund-25%
- MainStreet BancsharesMNSB0.2% of the fund-51%
- National Bank HoldingsNBHC0.2% of the fund-34%
Sold out
Sold their entire stake.
- Mechanics BancorpMCHB-100%
- First Fndtn-100%
- Carter BanksharesCARE-100%
- Central BancompanyCBC-100%
- HomeTrust BancsharesHTB-100%
- IdacorpIDA-100%
- First American FinancialFAF-100%
- NBT BancorpNBTB-100%
- Peapack Gladstone FinancialPGC-100%
- RelianceRS-100%
- First SolarFSLR-100%
Holdings
- VersaBankVBNK
- Share
- 6.4%
- Value
- $18m
- Shares
- 780,981
-17%
- First Carolina Financial ServicesFCBM
- Share
- 3.3%
- Value
- $9m
- Shares
- 700,000
New
- InscorpIBTN
- Share
- 0.8%
- Value
- $2m
- Shares
- 76,684
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Abacus Global ManagementABX | 6.8% | $19m | 1,800,000 | -8% |
| VersaBankVBNK | 6.4% | $18m | 780,981 | -17% |
| Equity BancsharesEQBK | 5.6% | $16m | 324,569 | -15% |
| Primis FinancialFRST | 5.4% | $15m | 929,735 | -24% |
| Firstsun Capital BancorpFSUN | 4.8% | $13m | 347,747 | +155% |
| Uscb Financial HoldingsUSCB | 4.3% | $12m | 597,788 | +4% |
| RenasantRNST | 3.9% | $11m | 260,000 | -15% |
| First HorizonFHN | 3.7% | $11m | 410,000 | -4% |
| Origin BancorpOBK | 3.6% | $10m | 200,000 | Held |
| First Carolina Financial ServicesFCBM | 3.3% | $9m | 700,000 | New |
| Business First BancsharesBFST | 3.2% | $9m | 293,893 | +18% |
| Amerant BancorpAMTB | 3.0% | $8m | 327,504 | +20% |
| Banc of CaliforniaBANC | 2.8% | $8m | 381,273 | +39% |
| Civista BancsharesCIVB | 2.7% | $8m | 268,279 | -14% |
| CoastalSouth BancsharesCOSO | 2.5% | $7m | 267,232 | -19% |
| Beacon FinancialBBT | 2.5% | $7m | 228,394 | +14% |
| First Western FinancialMYFW | 2.4% | $7m | 215,815 | -15% |
| Commercial BancgroupCBK | 2.4% | $7m | 213,668 | -32% |
| Nicolet BanksharesNIC | 2.3% | $7m | 40,000 | -47% |
| FB FinancialFBK | 2.3% | $6m | 115,000 | Held |
| Avidbank HoldingsAVBH | 2.2% | $6m | 190,858 | -13% |
| Simmons First NationalSFNC | 2.2% | $6m | 270,000 | Held |
| California BanCorpBCAL | 2.0% | $6m | 273,140 | -32% |
| Oceanfirst FinancialOCFC | 1.7% | $5m | 253,424 | +1167% |
| Byline BancorpBY | 1.7% | $5m | 125,000 | Held |
| Coastal FinancialCCB | 1.5% | $4m | 56,000 | Held |
| Atlantic Union BanksharesAUB | 1.5% | $4m | 100,000 | Held |
| Financial InstitutionsFISI | 1.4% | $4m | 100,000 | Held |
| Northpointe BancsharesNPB | 1.4% | $4m | 200,000 | -35% |
| Shore BancsharesSHBI | 1.2% | $3m | 144,715 | -7% |
| First MerchantsFRME | 1.2% | $3m | 75,000 | -23% |
| Eastern BanksharesEBC | 1.0% | $3m | 127,729 | +326% |
| Eagle BancorpEGBN | 1.0% | $3m | 100,000 | New |
| Provident Financial ServicesPFS | 1.0% | $3m | 115,000 | Held |
| Bridgewater BancsharesBWB | 0.9% | $3m | 127,218 | +6% |
| Old Second BancorpOSBC | 0.8% | $2m | 100,000 | Held |
| InscorpIBTN | 0.8% | $2m | 76,684 | New |
| Investar HoldingISTR | 0.6% | $2m | 57,740 | +52% |
| Ameris BancorpABCB | 0.5% | $1m | 15,500 | -39% |
| Colony BankcorpCBAN | 0.3% | $884,242 | 44,014 | New |
| Southern First BancsharesSFST | 0.3% | $815,563 | 13,348 | +139% |
| Community West BancsharesCWBC | 0.2% | $639,161 | 23,796 | -4% |
| Independent BankINDB | 0.2% | $627,900 | 7,500 | -25% |
| MainStreet BancsharesMNSB | 0.2% | $577,005 | 23,370 | -51% |
| MeridianMRBK | 0.2% | $525,106 | 26,216 | Held |
| National Bank HoldingsNBHC | 0.2% | $444,300 | 10,000 | -34% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 37.1% since 30 June 2025.
Where the money is
Financial services99.2%
Other0.8%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.